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August 25th, 2009
Time Running Out For First Time Buyer Credit!!!!
Carlsbad, CA – If you are a Carlsbad, La Costa, Oceanside, or San Marcos buyer who was hoping to take advantage of the first time home buyer’s tax credit – YOU BETTER HURRY! We are finding a number of things in the current market place:
1. The tax credit expires on December 1st, 2009. That means all real estate purchases have to be CLOSED before then. You can not still be in escrow. Read the rest of this entry »
July 20th, 2009
Median Home Prices Up For Third Month In A Row
If you were looking to buy in La Costa, Carlsbad, or San Diego, and were hoping to catch “the bottom” of the San Diego real estate market – you may have already missed it!
We have been telling clients over the past couple of months that we thought the market had stabilized. In La Costa and in particular La Costa Oaks - most of the lowest sales prices (La Costa comparables) had been BEFORE January 2009. Read the rest of this entry »
July 8th, 2009
San Elijo Market Trends – 92078
June was a great month for San Elijo Hills (92078) real estate. The average price of homes sold in San Elijo went from around $481,000 to over $533,000. In addition to the the increase in San Elijo average home price, you will also see that the average market time for real estate sold in San Elijo was down from 76 days to 36 days. That is a HUGE decrease.
I think one of the things that agents are seeing is that San Elijo sellers are being more realistic in pricing their homes. They are actually using the recent solds to determine an appropriate price for THEIR San Elijo real estate. Using this strategy, they are seeing better sales – more quickly and closer to (and sometimes above) asking price due to generating a lot of interest on their first days on the market!
If you are looking to buy or sell real estate in San Elijo, La Costa, Carlsbad, or any other local areas, please contact us. We would love to answer any of your real estate questions.
June 2009 – San Elijo Real Estate – San Elijo Homes For Sale
San Elijo Real Estate Trends 92078
| B/B | SFt | LP | LP/SF | SP | SP/SF | DOM | |
| Min | 2/2 | 1,111 | $230,000 | $152 | $245,000 | $158 | 3 |
| Max | 5/5 | 4,302 | $1,000,000 | $285 | $940,000 | $277 | 164 |
| Avg | 4/4 | 2,651 | $542,453 | $206 | $533,597 | $204 | 36 |
May 2009 – San Elijo Real Estate – San Elijo Homes For Sale
San Elijo Real Estate Trends 92078
| B/B | SFt | LP | LP/SFt | SP | SP/SF | DOM | |
| Min | 3/3 | 1,316 | $285,000 | $146 | $280,000 | $147 | 2 |
| Max | 5/5 | 3,560 | $629,000 | $244 | $605,000 | $242 | 271 |
| Avg | 4/4 | 2,440 | $476,225 | $204 | $481,750 | $205 | 76 |
Mike & Amy Mewborn Real Estate Specialists
Mike: 858.205.2000
Amy:760.213.6653
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